The service allows Kenyans living abroad to make M-Pesa PayBill payments
SimbaPay, a leading digital money transfer provider, today launched the first product in the world that allows Kenyans living abroad to make M-Pesa PayBill payments.
M-Pesa PayBill is an M-Pesa service that has previously only been available to Safaricom M-Pesa subscribers in Kenya and allows the subscribers to pay hunderds of vendors via M-Pesa. By SimbaPay granting PayBill access to its customers, Kenyans abroad can now also pay hundreds of vendors and utility companies in Kenya directly via M-Pesa PayBill.
Next Read >>> Safaricom M-Pesa servers brought back to Kenya
Mr Nyasinga Onyancha, CEO for SimbaPay, noted that “Our customers want to pay vendors in Kenya faster and without having to go through friends and family. This new product allows them to do just that, especially for time sensitive payments such as those to hospitals, stock brokers and the like”.
SimbaPay customers will not require a Safaricom phone number or M-Pesa registration to pay vendors via PayBill as is currently the case for M-Pesa subscribers living in Kenya. SimbaPay charges zero fees for its instant money transfers to M-Pesa PayBill numbers.
Kenyans living in the UK with a bank account, debit card or credit card will be able to use the SimbaPay app to make M-Pesa PayBill payments from any mobile phone, tablet or computer. Transfers made using SimbaPay to M-Pesa PayBill numbers are credited instantly.
The service has already been rolled out to Kenyans living in the UK with other EU countries slated in the near future. SimbaPay launched free, instant transfers to Nigeria in May 2015 and
continues to disrupt the cross-border remittance industry with its focus on speed and convenience. (APO)
Also Read >>> Bob Collymore on how he has changed Safaricom
Leave a comment